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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Mark Mandel who wrote (9707)2/23/1999 4:43:00 PM
From: Herm  Read Replies (1) of 14162
 
CYCH Unknown growth rate and unknown P/E since they are not
making any profits. NASDAQ: (CYCH : $14 3/16) $156 million Market Cap
at February 23, 1999 Loss Expected for 1999; Internet Products &
Services SubIndustry priced at 372.5X PE.

SHORT INTEREST

Short Interest for CYCH is 25.9% of the shares outstanding, requiring
2 days to cover and increasing. Without positive news CYCH is bound
to dive or move sideways!

iqc.com

Plenty of open interest on CYCH. But, I would pass this stock up for
more solid earnings like IFMX. If CYCH breaks below $13 expect it to
fall to $9.00 fast. Stock needs to rebound off that lower BB at this
point.
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